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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE -- Ignore unavailable to you. Want to Upgrade?

To: Doug R who wrote (1892)	1/26/1998 5:45:00 PM
From: Mark[ox5]	Respond to of 2377

Thank you Doug. The CEO himself said there were 300,000 "soft shares" that had to be taken out last week by buyers and that was done by Thurs/Friday. There was actually an agreement to buy those 300,000 shares privately by the co., but the seller (who bought in under .50) went back on his promise and decided to sell in the open market. SO it seems your technicals confirmed what the CEO has stated. What amazes me is (1) the CEO knows this info and (2) shared it with the thread. When the stock moved so strongly this AM on decent volume (betwen 9:30 and 10:30) a non TA guy like me could see there isnt much supply of stock out there to buy. Looks interesting.. the momentum players will be catching this one on their screens tonight so we should see a continued push. If you have time could you look at ISMX as well? It had 2 big days last week in terms of volume and price moved decently. Today was a strange day for it. Not sure whether to stick it out or bail out now. Thanks, Mark